The greater macroeconomic condition in various financial markets, especially the DeFi space remains very uncertain. Not only does it seem to be falling with no end in sight, but any small retaliation that any of the major coins are able to make is quickly shut down.
However, the market as a whole has yet to give up, as many DeFi project managers have started working on a number of other projects as well related to web 3.0. They are essentially preparing for when the market starts to surge again so that they can have a new product just ready to for all of their clients.
While no one necessarily understands when this surge will be coming, this is one of the best ways to look at the overall market. And during these troubling times, a spark in the market remains in how competitive many of the DeFi projects are.
More specifically, Uniglo.io is all set to easily surpass major DeFi platforms like Pancakeswap. Despite being the star of the DeFi market just a few weeks ago, Pancakeswap might just be pushed out o the limelight by Uniglo.io.
Making it Brig in the DeFi Space
The best thing about the DeFi space, which some might argue is a double-edged sword, is its unpredictability. Therefore, investors can rarely tell how the market is going to pivot or where it is going to go.
And as for DeFi projects like Uniglo, it has to move around the many issues that come with a highly volatile system like this. Of course, the company looking to surpass many mainstream DeFi projects in the crypto market is not some rookie pitch. This is the company’s goal and it is looking very capable of achieving that goal.
What Makes GLO so Special
In order to stand out in the crypto market, DeFi projects need a unique selling point that will really get them the attention that they deserve. In the case of GLO, that major selling point is how manages to merge the tech of blockchain with basic economic principles.
As a result, people now have a platform that focuses on both growth speculation and wealth preservation. And unlike some of the projects in the market right now, Uniglo is also able to allow people’s investments to appreciate with time.
Funding all Strategies from a Single Cash Cow
GLO has managed to improve considerably in a matter of months, to the point where it can even allow its users to buy and sell taxes. Using the revenue that it generates through this avenue, it is more than capable of funding a burning or asset acquisition strategy. All in all, it is all set to be one of the biggest DeFi projects on the platform.